Damac Riverside Views - Royal 1 in Dubai Investment Park (DIP)
Damac Riverside Views - Royal 1 · Dubai Investment Park (DIP), Dubai
Get Directions
Launch Price
AED 1.19M
Property Type
Apartment
Bedrooms
1 - 2 Beds
Payment Plan
20/50/30
Handover
Q1 2029
Projected Yield
5.5 to 7.5%
With 1 - 2 beds layouts and a starting price of AED 1.19M, Damac Riverside Views - Royal 1 enters the Dubai Investment Park (DIP) off-plan market. The payment plan is 20/50/30: 20% secures the unit, 50% is paid during construction, and 30% falls due at handover in Q1 2029. Gross rental yield is projected 5.5 to 7.5% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Damac Riverside Views - Royal 1 and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 16,583/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 238,800 Due on signing SPA |
|
| During Construction | 50% | AED 16,583/mo 36 monthly instalments |
|
| On Handover | 30% | AED 358,200 Due at Q1 2029 |
|
| Total | AED 1,194,000 | ||
On Booking
20%
AED 238,800
Due on signing SPA
During Construction
50%
AED 16,583/mo
36 monthly instalments
On Handover
30%
AED 358,200
Due at Q1 2029
Total
100%
AED 1,194,000
Questions about Damac Riverside Views - Royal 1
What payment plan does Damac Riverside Views - Royal 1 offer?
Damac Riverside Views - Royal 1 uses a 20/50/30 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2029.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Damac Riverside Views - Royal 1 fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.